MD > Baltimore > Union Square
Baltimore, MD 21223,1242 W LOMBARD ST
Baltimore, MD 21223,1242 W LOMBARD ST
Baltimore, MD 21223,1242 W LOMBARD ST
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Simone Velvel

Simone Velvel

+1(703) 507-7614
$599,900
Est. payment /mo
4,440 SqFt
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UPDATED:

02/05/2025 02:18 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,440 sqft

Price per Sqft $135

Subdivision Union Square

MLS Listing ID MDBA2153402

HOA Y/N N

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $3,343

Tax Year 2024

Lot Size 1,500 Sqft

Acres 0.03

Property Sub-Type Mixed Use

Property Description

This building is a great buy with excellent return for your money. Building renovated in 2010. This property would be excellent for owner occupant. You can get an SBA loan with 10% down as owner occupant. First floor restaurant and carry out, seating for 32 people, full commercial kitchen, two half bathrooms, and basement for storage. Everything in the restaurant conveys AS-IS, and new owner will need to acquire new tenant for restaurant space. Restaurant could be rented for $3000 per month. Second floor with 2BD/1BA unit could be rented rented for $1200 per month. Second floor also has office/efficiency with full bathroom rented for $600 per month. Third floor with 2BD/2BA unit rented for $1030 per month. All units individually metered for electric. Tenants pay for their own utilities except water. Both apartments have hard wood floors, range/oven, built in microwave, dishwasher, refrigerator with ice maker. Corner building with great exposure, and plenty of parking. Bus stop in front of building. Owners are Agents in state of Maryland. Building sold As-Is. Showings on Sundays only.

Location

State MD

County Baltimore City

Zoning R-8

Interior

Hot Water Electric

Heating Forced Air, Heat Pump(s)

Cooling Heat Pump(s)

Heat Source Electric, Natural Gas

Exterior

Water Access N

Accessibility Other

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0318070233 026

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Special Listing Condition Standard

Read Less Info
Bright MLS (BMLS)
Listed by Pilar F Ciaramello • Carr Realtors
advisor-avatar

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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1242 W LOMBARD ST

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